U.S. Markets Close Higher Supported by Technology and Cryptocurrency Recoveries

US markets closed higher, led by tech and crypto rebounds; rate cut hopes rise as economic data weakens, Nasdaq futures steady.

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U.S. Markets Close Higher Supported by Technology and Cryptocurrency Recoveries
U.S. Markets Rise as Tech and Bitcoin Boost Confidence

According to Yahoo Finance, U.S. markets closed higher yesterday (December 2), with the Nasdaq (+0.59% to 23,413.67), S&P 500 (+0.25% to 6,829.37), and Dow Jones (+0.39% to 47,474.46).

The rise was supported by a recovery in Bitcoin above $90,000 and gains in technology stocks (Apple recorded a record close, Nvidia +3%).

The recovery came after a decline due to inflation concerns, with expectations of an 84.7% chance of an interest rate cut in December.

The Nasdaq ended November down 2% (its first loss in seven months), but expectations are positive for December as weak economic data supports a rate cut.

Today (December 3): Nasdaq futures are stable (+0.1%), with anticipation of employment data.

Sources & References
Yahoo Finance
Editorial Note
Edited & Reviewed by the Ecopulse Editorial Board 1/23/2026, 22:56:17 UTC
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